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david: english, dennis. english. >> these are devices that simply are programable by our customers to do a wide variety of functions. most of the applications we currently focus on today are in the information superhighway. they back up all of the applications in today's portable devices and are providing all of the information flow that we consume and share on a daily basis. david: but you know the incredible thing, dennis, and this is really the reason we had you on, you're essentially a startup. granted you got $250 million, but how did you get the startup money when you're competing with some real big guys? in other words, what can you do that say, an intel or an altera can't do? >> well, thank you. it's a breakthrough technology and, there's been a number of elements in fact that have attracted the kind of capital we have. we're, we've got a number of great vors investors. our last round was over $108 million. that was the largest round in any private semiconductor company in the last decade. we're deve
david: english, dennis. english. >> these are devices that simply are programable by our customers to do a wide variety of functions. most of the applications we currently focus on today are in the information superhighway. they back up all of the applications in today's portable devices and are providing all of the information flow that we consume and share on a daily basis. david: but you know the incredible thing, dennis, and this is really the reason we had you on, you're essentially...
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back to you, dennis. dennis: the gap is narrowing between president obama and mitt romney, even in swing states. mitt romney almost even with the president. there is an all out buying bullets for those political ads. john shelton joined me now. thank you for being with us, john. you know what, it looks like there will be an all out spending until the election. >> there is a huge amount of money they share. we see a huge number of ads going out to the swing states. dennis: when i advertise on television, i am normally reaching everybody. how do i narrow that message into the few people that are still undecided? >> well, you do not really want to do that because the people are very targeted towards politics and they are the ones who have already made the decision. tv and cable. everybody. they go after all the people sitting in front of that tv. you are going to be able to get to the undecided people by going after a wide shotgun approach using tv. the internet sort of goes right after the individuals. they
back to you, dennis. dennis: the gap is narrowing between president obama and mitt romney, even in swing states. mitt romney almost even with the president. there is an all out buying bullets for those political ads. john shelton joined me now. thank you for being with us, john. you know what, it looks like there will be an all out spending until the election. >> there is a huge amount of money they share. we see a huge number of ads going out to the swing states. dennis: when i advertise...
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dennis: i am dennis kneale with your fox business brief. cisco setting up our race to succeed john chambers handing promotions to key insiders late today. gary more will be president and chief operating officer of the company and worldwide sales chief rob lloyd will be the president of sales and development. john chambers will stay in the job for two to four more years. charles schwab and td ameritrade shutting down business in europe. reuters reports saying schwab will close its options on november 30th and ameritrade closing operations in italy and belgium. stocks in a buoyant mood as traders debate up on better than expected jobs numbers and jobless claims out this morning. and some say it was a romney it romped. that is the latest from the fox business network giving you the power to prosper. dave: ohio ranks fourth in job creation with a lower unemployment rate than the national average. liz claman got a chance to sit down with a man making it happen. >> he gives credit to a lot of the mayor's both republican and democrat and this is g
dennis: i am dennis kneale with your fox business brief. cisco setting up our race to succeed john chambers handing promotions to key insiders late today. gary more will be president and chief operating officer of the company and worldwide sales chief rob lloyd will be the president of sales and development. john chambers will stay in the job for two to four more years. charles schwab and td ameritrade shutting down business in europe. reuters reports saying schwab will close its options on...
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dennis o'neil covering the story and he joins us now with more. dennis: personal question for you, how green is your deodorant, breakfast cereal, laundry detergent now that federal trade commission want to have a tougher say in the field of grain marketing. new guidelines, discouraging marketers from green claims unless they can prove the hype with actual studies that are difficult to conduct. the agency even going so far to encourage companies to sue each other to challenge green claims. green claims exploded the decade and they last addressed the issue in 1988. lots of confusion on how green it has to be. consumer advocate groups praise the f pc for weighing in on this. how widespread does brainwash and green jobs comprise only 2.4% of all jobs of the u.s. economy. they have investigated only several cases of bogus green claims. if pursued window makers for exaggerating claims about installation, bamboo fabric for being green when it was not. advocate groups are all riled up. you can bet on one thing, the ftc will start collecting more find on t
dennis o'neil covering the story and he joins us now with more. dennis: personal question for you, how green is your deodorant, breakfast cereal, laundry detergent now that federal trade commission want to have a tougher say in the field of grain marketing. new guidelines, discouraging marketers from green claims unless they can prove the hype with actual studies that are difficult to conduct. the agency even going so far to encourage companies to sue each other to challenge green claims. green...
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dennis kneale covering the story. i was never in a union. >> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sector is losing clout and unable to withstand the unfettered bank accounts of industry but the old gray lady union members see a different faith in their contracts. is expired year ago. they lost $90 million last quarter. stock price down 50%. pension benefits and health coverage and overtime. the unions want increase in the same areas which make me thinks there's no tactic possible in a state of denial. the times want this wrapped up by year end but they are digging in their heels. time's dissident workers have a web site and two weeks ago they put up a warning letter aimed at management and it reads, quote, 18 months after our contract expir
dennis kneale covering the story. i was never in a union. >> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sector is losing clout and unable to withstand the unfettered bank accounts of industry but the old gray...
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dennis, let me bring you in. he basically called them liars in his statement to us here at fox business earlier. they stand behind their statements. a lot of people are asking the question today, five days out from the election, this is an obama task force, is the timing suspect? what do you think? >> well i'm certainly not going to defend the timing. better markets has been calling for accountability on wall street for a long time. in our view just like the law is applied on main street it should be applied on wall street. frankly this task force really doing what it should have done complaints like this should have been filed a long time ago. charlie knows well because he did a lot of reporting on this, these allegations there are two big complaints. ambac, the insurance company and fhfa filed prior complaints detail egregious conduct by the bear stearns people. melissa: if they're legitimate, why now? you're saying should have been done a while ago, they suddenly woke up now five weeks ahead of the election an
dennis, let me bring you in. he basically called them liars in his statement to us here at fox business earlier. they stand behind their statements. a lot of people are asking the question today, five days out from the election, this is an obama task force, is the timing suspect? what do you think? >> well i'm certainly not going to defend the timing. better markets has been calling for accountability on wall street for a long time. in our view just like the law is applied on main street...
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dennis: a $90 million loss. part of the -- problem is zynga is getting zapped today. shares down almost 20% today after the maker of farm bill reducing the forecast. down over 2%. zynga camps provide 40% of facebook revenues. zynga lowered its top full year forecast on revenue to 1.1 billion. introduce profit prediction by 45%. caught between two crunch points. it has to navigate the shift from laptop to tablet and smart phone games. 84 million users. this year 26 million. now down to 20 million. look at the quarter to quarter revenue. they are falling. mafia wars down 31%. city bill down 24%. zynga also hurt by a plot of this family spinoff. it also think writing off almost half of the deal. facebook, the zynga zinger raises the question. watch the pressure on that stock. ashley: i love it. tracy: my daughter said, thankfully, we will be sick of these games in a week anyway. do not buy them. ashley: they are only like a dollar. tracy: i do not buy them. ashley: attention span these days, zero. a quarter till. time for stocks now. nicole petallides. nicole: i wish my
dennis: a $90 million loss. part of the -- problem is zynga is getting zapped today. shares down almost 20% today after the maker of farm bill reducing the forecast. down over 2%. zynga camps provide 40% of facebook revenues. zynga lowered its top full year forecast on revenue to 1.1 billion. introduce profit prediction by 45%. caught between two crunch points. it has to navigate the shift from laptop to tablet and smart phone games. 84 million users. this year 26 million. now down to 20...
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dennis kneale joins us now. the story we alluded to earlier. >> the most created a political event ever. the real star was sesame street big bird thanks to this right here. >> i'm sorry, jim. i'm going to stop providing to pbs. i like big bird. >> that blew away the democratic convention. bush had nine and a half million messages over three days. and after romney made that one-liner, the phrase big bird got 17,000 times per minute. pbs at 10,000 times per minute. big bird shot up to the fourth most term on google. trading worldwide, new twitter account open, but how insightful was the tweet talking to distract the substance of the debate? i love big bird they stop pbs. the tragedy of mitt romney as he knows people kill everything she loves. the big cnn came up with this, breaking, big bird two campaign, he would put big bird on the chopping block. sesame workshop putting up this statement. in nonpartisan non-prophet organization. we're happy we can all agree that everyone likes big bird. tracy: i love big bird.
dennis kneale joins us now. the story we alluded to earlier. >> the most created a political event ever. the real star was sesame street big bird thanks to this right here. >> i'm sorry, jim. i'm going to stop providing to pbs. i like big bird. >> that blew away the democratic convention. bush had nine and a half million messages over three days. and after romney made that one-liner, the phrase big bird got 17,000 times per minute. pbs at 10,000 times per minute. big bird shot...